As a consultant, your personal brand is everything. You offer advice, expertise, and sound judgment—intangibles that are invaluable but inherently vulnerable. A single mistake, omission, or misinterpretation can lead to significant financial consequences for both your client and yourself.
Professional liability insurance for consultants is designed to protect you from unforeseen incidents linked to your practice. It specifically covers claims related to professional errors, negligence, or advice that has caused loss. In short, it lets you continue practicing with confidence, without fearing that your future hinges on a misunderstanding or an allegation.
At J. Gerard Fortin & Associates, our experts understand your reality as a self-employed professional or independent consultant. We help you build coverage tailored to your specific needs, whether you’re in risk management, health and safety consulting, or another field.
Choosing professional liability insurance isn’t just checking a box, it’s about understanding your practice’s nuances and identifying exposure points. Our brokers help you build comprehensive coverage, possibly with added endorsements, to enhance your protection.
Here are the key protections you can include in your insurance policy:
Covers mistakes or omissions in your services, such as poorly framed advice or faulty evaluations.
Covers claims from clients or others who suffer financial loss due to your services.
Covers situations where sensitive data has been improperly shared or inadequately protected.
Includes legal defense in case of litigation, whether the claim is valid or not.
Possibility to add endorsements tailored to your field of expertise.
It depends on your field and clients. Some contracts require proof of insurance, while in other cases, it is strongly recommended for personal protection.
Yes. Your policy can be adjusted at any time. If your field of expertise changes or you start offering new services, contact a broker to review your coverage.
Professional liability covers mistakes in your advice or services. General liability covers bodily injury or property damage to third parties. The two can complement each other.